First I show that in the 3 month chart 12k is a major area.
Second, the 50 and 100 MA is normally acting as support on the 1 day time frame, but Bitcoin price is currently below these indicators price just bounced off both the 50 and 100.
Third, we have a where the is drawn and the 12k price is a resistance on this line.
Check out the video for more details. Enjoy. Mike